§ 4-35-11-6 — Goods and services; contracts awarded to minority and women's business enterprises

Indiana § 4-35-11-6

• Jurisdiction: Indiana
• Art. 35: GAMBLING GAMES AT RACETRACKS
• Ch. 11: Minority and Women's Business Participation

Text

(a) As used in this section, "goods and
services" does not include the following:
(1) Utilities and taxes.
(2) Financing costs, mortgages, loans, or other debt.
(3) Medical insurance.
(4) Fees and payments to a parent or an affiliated company of a
permit holder or other fees and payments for goods and services
supplied by nonaffiliated persons through an affiliated company
for the use or benefit of the permit holder.
(5) Rents paid for real property or payments constituting the price
of an interest in real property as a result of a real estate
transaction.
(b) Notwithstanding any law or rule to the contrary, the commission
shall establish goals for permit holders concerning contracts for goods
and services with minority business enterprises and women's business
enterprises. The goals under this subsection must be equal to goals set
by the commission under IC 4-33-14-5 for contracts awarded for goods
or services.
(c) A permit holder shall submit quarterly reports to the commission
that outline the total dollar value of contracts awarded for goods and
services and the percentage of contracts awarded to minority and
women's business enterprises.
(d) A permit holder shall make a good faith effort to meet the
requirements of this section and shall quarterly, unless otherwise
directed by the commission, demonstrate to the commission at a public
meeting that an effort was made to meet the requirements.
(e) A permit holder may fulfill not more than seventy percent (70%)
of an obligation under this chapter by requiring a vendor to set aside a
part of a contract for minority or women's business enterprises. Upon
request, the permit holder shall provide the commission with proof of
the amount of the set aside.

Legislative History

As added by P.L.233-2007, SEC.21.